Precision Drilling Statistics
Total Valuation
PDS has a market cap or net worth of $1.06 billion. The enterprise value is $1.77 billion.
| Market Cap | 1.06B |
| Enterprise Value | 1.77B |
Important Dates
The next confirmed earnings date is Tuesday, July 30, 2024, after market close.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
PDS has 14.48 million shares outstanding. The number of shares has increased by 5.74% in one year.
| Shares Outstanding | 14.48M |
| Shares Change (YoY) | +5.74% |
| Shares Change (QoQ) | +5.36% |
| Owned by Insiders (%) | 2.10% |
| Owned by Institutions (%) | 66.71% |
| Float | 14.00M |
Valuation Ratios
The trailing PE ratio is 6.60 and the forward PE ratio is 7.05. PDS's PEG ratio is 0.40.
| PE Ratio | 6.60 |
| Forward PE | 7.05 |
| PS Ratio | 0.75 |
| Forward PS | 0.51 |
| PB Ratio | 0.89 |
| P/FCF Ratio | 4.44 |
| PEG Ratio | 0.40 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.19, with an EV/FCF ratio of 7.43.
| EV / Earnings | 10.46 |
| EV / Sales | 1.26 |
| EV / EBITDA | 4.19 |
| EV / EBIT | 8.74 |
| EV / FCF | 7.43 |
Financial Position
The company has a current ratio of 1.71, with a Debt / Equity ratio of 0.62.
| Current Ratio | 1.71 |
| Quick Ratio | 1.61 |
| Debt / Equity | 0.62 |
| Debt / EBITDA | 1.74 |
| Debt / FCF | 3.08 |
| Interest Coverage | 3.55 |
Financial Efficiency
Return on equity (ROE) is 15.50% and return on invested capital (ROIC) is 12.14%.
| Return on Equity (ROE) | 15.50% |
| Return on Assets (ROA) | 8.00% |
| Return on Capital (ROIC) | 12.14% |
| Revenue Per Employee | $280,446 |
| Profits Per Employee | $33,813 |
| Employee Count | 5,000 |
| Asset Turnover | 0.66 |
| Inventory Turnover | 33.18 |
Taxes
| Income Tax | -20.82M |
| Effective Tax Rate | -14.05% |
Stock Price Statistics
The stock price has increased by +23.33% in the last 52 weeks. The beta is 2.84, so PDS's price volatility has been higher than the market average.
| Beta (5Y) | 2.84 |
| 52-Week Price Change | +23.33% |
| 50-Day Moving Average | 70.34 |
| 200-Day Moving Average | 63.80 |
| Relative Strength Index (RSI) | 55.21 |
| Average Volume (20 Days) | 40,966 |
Short Selling Information
The latest short interest is 436,363, so 3.01% of the outstanding shares have been sold short.
| Short Interest | 436,363 |
| Short Previous Month | 532,992 |
| Short % of Shares Out | 3.01% |
| Short % of Float | 3.12% |
| Short Ratio (days to cover) | 11.76 |
Income Statement
In the last 12 months, PDS had revenue of $1.40 billion and earned $169.07 million in profits. Earnings per share was $11.06.
| Revenue | 1.40B |
| Gross Profit | 508.22M |
| Operating Income | 203.49M |
| Pretax Income | 145.44M |
| Net Income | 169.07M |
| EBITDA | 422.45M |
| EBIT | 202.46M |
| Earnings Per Share (EPS) | $11.06 |
Balance Sheet
The company has $22.38 million in cash and $733.46 million in debt, giving a net cash position of -$711.08 million or -$49.11 per share.
| Cash & Cash Equivalents | 22.38M |
| Total Debt | 733.46M |
| Net Cash | -711.08M |
| Net Cash Per Share | -$49.11 |
| Equity (Book Value) | 1.18B |
| Book Value Per Share | 81.68 |
| Working Capital | 150.48M |
Cash Flow
In the last 12 months, operating cash flow was $388.85 million and capital expenditures -$150.71 million, giving a free cash flow of $238.13 million.
| Operating Cash Flow | 388.85M |
| Capital Expenditures | -150.71M |
| Free Cash Flow | 238.13M |
| FCF Per Share | $16.61 |
Margins
Gross margin is 36.24%, with operating and profit margins of 14.51% and 12.06%.
| Gross Margin | 36.24% |
| Operating Margin | 14.51% |
| Pretax Margin | 10.37% |
| Profit Margin | 12.06% |
| EBITDA Margin | 30.13% |
| EBIT Margin | 14.44% |
| FCF Margin | 16.98% |
Dividends & Yields
PDS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -5.74% |
| Shareholder Yield | -5.74% |
| Earnings Yield | 15.98% |
| FCF Yield | 22.51% |
Analyst Forecast
The average price target for PDS is $111.67, which is 52.83% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $111.67 |
| Price Target Difference | 52.83% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 1.28% |
| EPS Growth Forecast (5Y) | 1.31% |
Stock Splits
The last stock split was on November 12, 2020. It was a reverse split with a ratio of 1:20.
| Last Split Date | Nov 12, 2020 |
| Split Type | Reverse |
| Split Ratio | 1:20 |
Scores
PDS has an Altman Z-Score of 1.23 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.23 |
| Piotroski F-Score | 7 |